EART vs. UUP
EART (Global X Rare Earth & Critical Materials ETF) and UUP (Invesco DB US Dollar Index Bullish Fund) are both exchange-traded funds - EART is a Rare Earth & Strategic Metals fund tracking the Solactive Rare Earth & Critical Materials Index, while UUP is a Currency fund tracking the Deutsche Bank Long US Dollar Index (USDX) Futures Index. Both are passively managed. Over the past 3 years, EART returned 12.61%/yr vs 5.86%/yr for UUP. At a correlation of -0.44, they often move in opposite directions. EART charges 0.59%/yr vs 0.75%/yr for UUP.
Performance
EART vs. UUP - Performance Comparison
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Returns By Period
In the year-to-date period, EART achieves a -4.14% return, which is significantly lower than UUP's 5.44% return.
EART
- 1D
- -3.41%
- 1M
- -14.92%
- 6M
- -16.35%
- YTD
- -4.14%
- 1Y
- 51.30%
- 3Y*
- 12.61%
- 5Y*
- —
- 10Y*
- —
UUP
- 1D
- 0.39%
- 1M
- 1.97%
- 6M
- 4.47%
- YTD
- 5.44%
- 1Y
- 8.28%
- 3Y*
- 5.86%
- 5Y*
- 5.89%
- 10Y*
- 3.17%
EART vs. UUP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EART Global X Rare Earth & Critical Materials ETF | -4.14% | 98.48% | -7.19% | -19.75% | -17.92% |
UUP Invesco DB US Dollar Index Bullish Fund | 5.44% | -4.99% | 13.50% | 3.63% | 9.16% |
Correlation
The correlation between EART and UUP is -0.37, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | -0.44 |
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Return for Risk
EART vs. UUP — Risk / Return Rank
EART
UUP
EART vs. UUP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Rare Earth & Critical Materials ETF (EART) and Invesco DB US Dollar Index Bullish Fund (UUP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EART | UUP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.25 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 2.28 | -0.40 |
| Martin ratioReturn relative to average drawdown | 4.97 | 6.26 | -1.29 |
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Drawdowns
EART vs. UUP - Drawdown Comparison
The maximum EART drawdown since its inception was -53.68%, which is greater than UUP's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for EART and UUP.
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Drawdown Indicators
| EART | UUP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.68% | -22.19% | -31.49% |
Max Drawdown (1Y)Largest decline over 1 year | -27.39% | -3.65% | -23.74% |
Max Drawdown (3Y)Largest decline over 3 years | -35.90% | -10.05% | -25.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.24% | — |
Current DrawdownCurrent decline from peak | -27.39% | -1.26% | -26.13% |
Average DrawdownAverage peak-to-trough decline | -28.91% | -8.88% | -20.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.35% | 1.33% | +9.02% |
Volatility
EART vs. UUP - Volatility Comparison
Global X Rare Earth & Critical Materials ETF (EART) has a higher volatility of 11.97% compared to Invesco DB US Dollar Index Bullish Fund (UUP) at 1.45%. This indicates that EART's price experiences larger fluctuations and is considered to be riskier than UUP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EART | UUP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 1.45% | +10.52% |
Volatility (6M)Calculated over the trailing 6-month period | 33.11% | 4.34% | +28.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.74% | 6.03% | +33.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.24% | 7.22% | +27.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.24% | 6.90% | +27.34% |
EART vs. UUP - Expense Ratio Comparison
EART has a 0.59% expense ratio, which is lower than UUP's 0.75% expense ratio.
Dividends
EART vs. UUP - Dividend Comparison
EART's dividend yield for the trailing twelve months is around 0.70%, less than UUP's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EART Global X Rare Earth & Critical Materials ETF | 0.70% | 0.65% | 1.06% | 1.83% | 2.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UUP Invesco DB US Dollar Index Bullish Fund | 3.25% | 3.43% | 4.48% | 6.44% | 0.89% | 0.00% | 0.00% | 2.03% | 1.08% | 0.10% |
Frequently Asked Questions
EART and UUP have a correlation of -0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EART has higher volatility (11.97%) compared to UUP (1.45%). In terms of maximum drawdown, EART dropped -53.68% vs UUP's -22.19%.
On 3-year performance, EART leads with 12.61% vs 5.86% for UUP. On fees, EART is cheaper at 0.59% per year. On volatility, UUP has been the lower-risk option at 1.45%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EART has performed better with a 12.61% return vs 5.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EART is cheaper with a 0.59% expense ratio, compared with 0.75% for UUP.
UUP has the higher dividend yield at 3.25%, compared with 0.70% for EART.
EART is categorized as Rare Earth & Strategic Metals, while UUP is Currency. EART tracks Solactive Rare Earth & Critical Materials Index, while UUP tracks Deutsche Bank Long US Dollar Index (USDX) Futures Index. They also come from different issuers: Global X and Invesco. Their fees differ too: 0.59% for EART and 0.75% for UUP.
UUP currently has the higher Sharpe Ratio (1.38 vs 1.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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